Did Japan break the US stock market? [Video]
|On August 5th, the Nikkei, Japan's main stock index, took a nosedive, dropping 12% and causing the U.S. Dow Jones Industrial Average to plummet over a thousand points. But the drama didn't stop there—on Tuesday, the Nikkei bounced back, surging 10% and triggering market circuit breakers that halted trading for a while.
Today, I'm diving into whether these claims are true, how Japan's wild market swings affect the U.S. and global financial markets, predictions for the Bank of Japan and the Federal Reserve, and most importantly, how you can navigate trading in these hyper-volatile times.
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